Intermestic shares rise as much as 14%: to buy Visionary HDS

Intermestic shares rise as much as 14%: to buy Visionary HDS

Varonis Systems Inc. (VRNS), a leading provider of cloud-native data security solutions, saw its stock rise significantly on September 2, 2025, following the announcement of its acquisition of SlashNext and updated financial guidance. The company's stock price surged by as much as 14%, reaching a new high.

The acquisition of SlashNext, an AI-native email security provider, is aimed at enhancing Varonis' data breach prevention capabilities. SlashNext, founded by former FireEye architect Atif Mushtaq, specializes in detecting advanced phishing and social engineering attacks with a 99% detection accuracy and 100% detection rate for BEC and QR code attacks. This strategic move is expected to address the growing email security market, projected to expand from $5.2 billion in 2025 to $10.7 billion by 2032 [1].

In addition to the acquisition, Varonis updated its financial guidance for the third quarter and full year of 2025. The company projected Q3 2025 revenues of $163.0-168.0 million, representing a 10-13% year-over-year (YoY) growth, and full-year 2025 revenues of $616.0-628.0 million, indicating a 12-14% YoY growth. The company also maintained its free cash flow guidance of $120.0-125.0 million [1].

Varonis' stock performance was bolstered by the company's ongoing transformation to a SaaS-based model. In the second quarter of 2025, the company reported strong financial results, with total revenues reaching $152.2 million and SaaS ARR representing 69% of total ARR. This growth is expected to continue, with SaaS ARR projected to reach 82% by year-end [2].

The company's stock price surge also reflects its recent achievements in securing strategic partnerships and certifications. Varonis recently announced a strategic partnership with Microsoft to enhance data security in the AI era, integrating its Data Security Platform with Microsoft's security portfolio. Additionally, the company achieved the Hébergeur de Données de Santé (HDS) certification in France, enabling it to serve French healthcare customers who must legally use HDS-certified providers [3, 4].

Investors and financial professionals should closely monitor Varonis' evolving role in combating cyber threats and its strategic moves in the rapidly growing cybersecurity market. The company's stock price volatility, driven by its aggressive expansion and strategic acquisitions, presents both risks and opportunities for investors.

References:

[1] https://www.stocktitan.net/news/VRNS/
[2] https://www.stocktitan.net/news/VRNS/
[3] https://www.stocktitan.net/news/VRNS/
[4] https://www.stocktitan.net/news/VRNS/